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5 Leading Stocks in India’s Recycling Sector

28 March 2024

Investing in recycling stocks in India presents an opportunity to engage with a critical sector focused on sustainable development and environmental stewardship. Recycling companies are key players in reducing waste, conserving resources, and promoting circular economies by transforming discarded materials into valuable resources. As India confronts pressing ecological challenges and embraces a push towards mindful …

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Overnight Digest: Top 5 mid and small-cap stocks to watch out for April 1

28 March 2024

On Thursday, the market closed with gains but retreated from its peak levels, mainly due to the monthly expiry causing a sudden decline in the final hour of trading. The Sensex rose by a notable 0.93% to finish at 73,651.35, while the Nifty also climbed by 0.92% to reach 22,326.90. In the broader market, the …

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Hinduja Global’s Subsidiary Entered Into Strategic Alliance With 7Star Group

28 March 2024

On March 28, 2024, ONEOTT Intertainment Ltd (OIL), a part of NXTDIGITAL Media Group and a subsidiary of Hinduja Global Solutions Ltd (HGS), announced a strategic alliance with 7Star Group, a leading regional Internet Service Provider (ISP). As per the terms of the alliance, OIL will share infrastructure and technology with 7Star – leveraging both …

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Latent View Analytics To Acquire Revenue Growth Management Solutions Provider Decision Point

28 March 2024

On March 28, 2024, the Board of Directors of Latent View Analytics Limited gave the green light for the strategic investment to acquire up to 100% of the total paid-up equity share capital of Decision Point Private Limited, an AI solution provider. LatentView has agreed to acquire up to 100% of the paid-up equity share …

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Jio Financial’s Subsidiary Invests ₹2.50 Crore in Reliance International Leasing IFSC Ltd

28 March 2024

On March 27, 2024, Jio Financial Services Ltd stated in an exchange filing that the company’s wholly-owned subsidiary has invested in Reliance International Leasing IFSC Limited. Jio Financial Services’ Expansion Move On Wednesday, Jio Financial Services Ltd informed the exchanges that their wholly-owned subsidiary, Jio Leasing Services Limited (JLSL), along with its nominees, invested ₹2.50 …

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RateGain’s Adara Platform Upgrade: Revolutionising Destination Expenditure Reports

28 March 2024

On March 28, 2024, RateGain Travel Technologies Limited informed in stock exchange filings that the company’s Adara is set to help Destination Marketing Organizations (DMOs) track ROI accurately using visitor spending data. Details of the Upgrade The RateGain company, Adara, which is one of the largest data exchange platforms in the world that provides access …

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Kotak Mahindra Bank Acquires Sonata Finance for ₹537 Crore

28 March 2024

On March 28, 2024, Kotak Mahindra Bank acquired a 100% stake in Sonata Finance Private Limited for a total consideration of around ₹537 crore. Details of the Acquisition On Thursday, the Indian bank and financial services company Kotak Mahindra Bank informed in the stock exchange filing that they had acquired Sonata Finance Private Limited, which …

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Caplin Point Jumps Over 5% as Its Arm Gets USFDA Approval For Generic Eye Drop

28 March 2024

On Thursday, Caplin Point Laboratories shares price rose by 5.25% to trade at Rs 1326.15, from its previous closing of Rs 1,259.95 on the BSE. USFDA approval for generic eye drop Caplin Point Laboratories’ subsidiary, Caplin Steriles has been granted final approval from the United States Food and Drug Administration (USFDA) for its Abbreviated New …

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Texmaco Rail & Engineering Gears Up for Growth with QIP of ₹250 Crore

28 March 2024

Texmaco Rail & Engineering Ltd (Texmaco), a leading player in India’s railway equipment manufacturing sector, has successfully completed a Qualified Institutional Placement (QIP) of ₹250 crore. For this, the company approved the issue and allotment of 1,61,29,032 Equity Shares of the face value of ₹1 per equity share to eligible, qualified institutional buyers at the …

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Varun Beverages Acquires South African Beverage Firm Bevco

28 March 2024

On March 27, 2024, Varun Beverages Ltd informed in an exchange filing that the company had completed the acquisition of the South Africa-based Beverage Company (BevCo) along with its wholly-owned subsidiaries. Details of the Acquisition On Wednesday, PepsiCo’s largest franchise bottler, Varun Beverages Ltd, stated in a regulator filing that the company had acquired The …

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